Sweden said on Wednesday it had granted green steel startup Stegra 390 million crowns ($41 million) in funding, as the Swedish company gathers new financing to complete its factory in the north of the…
In a letter to customers, the company specified that the price of thick plate will increase by $30 per short ton for all new orders not confirmed by the end of the business day on November 24. This increase…
India's finished steel imports during the first seven months of the financial year were down 34.1% year-on-year, according to provisional government data reviewed by Reuters on Monday.
Despite the push to lower steelmaking emissions, there is limited demand for high-quality scrap in Europe, while EU mills could follow their US counterparts and acquire scrap processors to have first…
Based on the Commerce Department’s most recent Steel Import Monitoring and Analysis (SIMA) data, the American Iron and Steel Institute (AISI) reported today that steel import permit applications for the…
China steel production this year will drop below 1 billion metric tons for the first time since 2019, but iron ore imports may rise to a record high. While there are some fundamental factors that help…
American steel company Nucor continues its cycle of hot-rolled coil (HRC) price increases, gradually raising weekly spot prices for consumers (CSP) for the fourth week in a row. For the week of November…
The global scrap market showed mixed trends in October-November. Some regions faced declining demand and oversupplied inventories, while others were supported by exports and seasonal supply reductions.…
India's Tata Steel (TISC.NS) hopes the government will extend import tariffs on some steel products to guard against the threat of imports, particularly from China, chief executive T.V. Narendran told…
The American division of global steel producer JSW Steel has announced a price increase of at least $40 per short ton for thick-gauge rolled steel. According to a letter to customers, the new prices took…
The European steel market is expressing disappointment at the late determination of CBAM benchmarks, which are key to calculating the specific costs of embedded emissions for steel imports in 2026. This…